closed-end investment company
an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them.
How Hip Is Your Lingo? Take Our Slang Quiz!
If you aren’t already skilled in slang, then this quiz can get you up to speed in no time!
Question 1 of 11
OK Boomer can be perceived as pejorative, but it is mostly considered to be _____
Compare open-end investment company.
Words nearby closed-end investment company
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020